BTC Price Prediction - Will we blast through 8,500 or come down?

29 thg 7, 2018

I am not convinced that we are going higher and this is the top of the triangle which will eventually take us down to 5.4k and below. My guess is we're going to come down and hit some major supports levels, bounce off of it, and continue to come down to around 5k before we move higher. I predict 5k is the bottom and it will need some time to consolidate in that area before we grind higher.

Support can be found at the red dotted lines, which is where Ill be scalping up for a few percentages. Lets see if this plays out!